Quotes of Gold XAU/USD continue to move as part of the formation of the reversal forex pattern «Head and Shoulders». It is worth waiting for an attempt to test the area of 1252 and continue the decline of Gold in the area below the level of 1230. XAU/USD forecast GOLD prices on May 25, 2017 In favor of the fall is the breakdown of the support line on the indicator of relative strength. The cancellation of the option may be the breakdown of the local maximum area, however, in this case, the potential for the fall of XAU/USD remains within…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the upward momentum. At the moment, we should expect an attempt to continue the decline in the area of frost of the border of the rising channel, where the pair could grow. NZD/USD forecast New Zealand Dollar on May 25, 2017 In favor of growth, there will be a tight test of the support line on the indicator of relative strength index (RSI). In the event of a breakdown of the area of 0.6950, one should expect the NZD/USD to continue to decline. Among…
The currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the correction and is currently expected to try to grow and test the area of 0.9850, where again we should expect a rebound and a decline in the pair. USD/CHF forecast Swiss Franc on May 25, 2017 The cancellation of the variant of growth of quotations of the Dollar Franc pair will be the fall and breakdown of the local minimum area, which will indicate the continuation of the decline. An additional signal can be a test of the support line on the price chart.…
Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the forex pattern «Triangle». It is expected to rebound from the bottom of the model and the growth of the USD/RUB in the area above the level of 57.50 rubles per dollar. USD/RUB forecast Russian Ruble on 25 May 2017 In favor of the growth of the pair will perform a tight test of the rising trend line on the indicator of relative strength index (RSI). Cancel the option of growth of the US Dollar to Russian Ruble USD/RUB pair will break…
Quotations of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the bullish forex pattern «5-0». It is worth the attempt to test the lower boundary and continue growth with the first goal at the level of 114.50. USD/JPY forecast Japanese Yen on May 25, 2017 In favor of the continued growth of the pair, the USD/JPY is the breakdown of the downward trend line on the relative strength indicator (RSI). The cancellation of the pair’s growth option will result in a drop below the area of 109.50, indicating that the USD/JPY will…
Quotes of BRENT crude oil continue to move within the growth framework. At the moment, the quotes have updated the local maximum area. However, the potential for falling quotations and oil prices remains. It is worth waiting for an attempt to drop the quotations BRENT in the area below the level of $ 53.50 per barrel. Technical analysis & BRENT forecast on May 25, 2017 In favor of falling quotes is the formation of the reversal forex pattern «Head and Shoulders» on the indicator of relative strength index (RSI). The cancellation of the drop in oil quotations will result in…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the rising channel. It is worth waiting for an attempt to test the lower boundary and continue the growth of the pair with a potential target at a level above the 1.3750 area. USD/CAD forecast Canadian Dollar on May 25, 2017 In favor of the growth of quotations USD/CAD will perform a test of a broken trend line on the indicator of relative strength index (RSI). Cancellation of the growth option for the US Dollar to Canadian Dollar USD/CAD is the breakdown of the region of 1.3380, indicating…
The currency pair Euro to US Dollar EUR/USD continues to be traded within the framework of the rising channel. The pair was able to return below the upper boundary of the channel, indicating a potential decline in the pair. It is necessary to expect the formation of the reversal forex pattern «Head and Shoulders» with the test of the level 1.1215. EUR/USD forecast Euro Dollar on May 25, 2017 In favor of continuing the decline of the pair is the breakdown of the support line on the indicator of relative strength index (RSI), the target for working out this model…
The currency pair British Pound to US Dollar GBP/USD continues to move within the lateral trend. At the moment, the values of the relative strength indicator have broken through the support, which indicates a potential continuation of the pair’s decline with the target at the level below the 1.28 area. GBP/USD forecast British Pound on May 25, 2017 With the breakdown of this area, we should expect the pound to continue to decline against the US dollar. The abolition of the decline option will be the breakdown of the local maximum area, which will indicate the continued growth of GBP/USD.…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At the moment, the pair is testing the area of the lower border of the uplink. It is expected to grow the pair in the area above the level of 0.7480, from which one should expect a fall attempt. AUD/USD forecast Australian Dollar on May 25, 2017 In favor of reducing the pair will perform a test of the broken support line on the indicator of relative strength index (RSI). Expect the acceleration of the fall in quotations AUD/USD stands with the breakdown of the…